Made up of 13 global banks: Banco Santander, Bank of America, Bank of Tokyo-Mitsubishi UFI, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan Chase, Societe Generale, Standard Chartered Bank, UBS.
http://www.wolfsberg-principles.com/index.html
The Wolfsberg Group is an association of thirteen global banks, which aims to develop financial services industry standards, and related products, for Know Your Customer, Anti-Money Laundering and Counter Terrorist Financing policies.
Key Facts
The Group came together in 2000, at the Chateau Wolfsberg in north-eastern Switzerland, to work on drafting anti-money laundering guidelines for Private Banking.The Wolfsberg Anti-Money Laundering Principles for Private Banking were subsequently published in October 2000 (and revised in May 2002). Since then the Wolfsberg Group has issued a total of 14 documents, collectively known as the Wolfsberg Standards.
Additional Information
Wolfsberg Frequently Asked Questions
Who it affects
No direct regulatory authority. Code of conduct for private banks.